Some not-for-profit organizations have local goals
Some not-for-profit organizations have local goals. For example, a city’s arts council may want to provide artistic expression and performance opportunities for its residents. Others have global goals. For example, Heifer International works in developing countries to support self-reliance and sustainable farming. Both types of goals represent opportunities for growth.
Choose one way that a not-for-profit organization can grow: collaboration, partnership, or merger. What are the pros and cons of this growth strategy? What type of organization is likely to benefit from this strategy? Why?
Which growth strategy do you feel is appropriate for the not-for-profit organization you selected to study for your final project? Why?
Sample Answer
Collaboration as a Growth Strategy:
Collaboration involves two or more independent organizations working together on a specific project or initiative, while maintaining their separate legal identities and operational independence. It’s less formal than a merger and often task- or project-specific.
Pros of Collaboration:
- Resource Sharing: Organizations can pool resources, including funding, expertise, staff, and equipment, reducing individual costs and increasing efficiency.
- Expanded Reach: Collaborations can help organizations reach new audiences and expand their service areas.
- Increased Impact: By combining efforts, organizations can have a greater impact on the community or cause they serve.
- Enhanced Credibility: Partnering with reputable organizations can enhance an organization’s credibility and public image.